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Tag Archives: cryptocurrency

Never Been So Many Almost Junk Bonds; Court ruling poses threat to retail brokerage industry John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff From FIA: FIA is a recruiting a new member of the team in its London office to oversee clearing policy and operations issues. The new hire will replace Declan Ward who is retiring from his role as Vice President of Clearing Policy and Operations in November after three decades in the industry. Declan joined FIA in February 2014 from NYSE Euronext, where he had spent 26 years in various roles at the London Traded Options Market (LTOM) and then Liffe, most recently as Executive Director NYSE Liffe Clearing. FIA President and Chief Executive…

The Wild West days of crypto exchanges are coming to an end John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff HERE is a link to the Virtual Markets Integrity Initiative Report from the Attorney General of the State of New York that has spawned so many stories in today’s newsletter.~JJL Ed Tilly of Cboe will be riding in the Wall Street Rides FAR this year for the first time with this Cboe colleagues. Cboe Global Markets is a diamond level sponsor of Wall Street Rides FAR, an organization that promotes autism research through an annual series of charity bike rides outside of New York City. You can donate HERE to support Wall Street…

Look Who’s Talking Blockchain,Blog,Commentary,CryptoMarkets,Feature

Last week many of us were surprised to hear EF Hutton talk again – Wow! They exist? – when Hutton issued three press releases over eight days. Hutton has emerged as potentially much cooler, socially conscious version of a money machine and not just because the money takes the form of cryptocurrency. It seems that Hutton’s brand had been hanging out somewhere deep in Citigroup until half a dozen years ago when it was resurrected and sent out to fare on its own. EF Hutton today is a broker dealer unit of HUTN, Inc. Based in Springfield, Ohio, HUTN’s CEO…

How blockchain may be used to create “smart cities” – Paul Doherty of TDG Blockchain,Commentary,CryptoMarkets,Feature

Paul Doherty, founder and chairman of The Digit Group (TDG), a company that designs, builds, and maintains what he calls “smart cities” around the world, was one of the speakers at Chicago’s 2018 “Voice of Blockchain” event at Navy Pier last month. In 2017, Doherty accompanied Donald Trump on his trip to China as part of a delegation of 30 CEOs from major U.S. companies. The trip proved fruitful for TDG – Doherty and Gong Yueqiong, president of the Chinese company Foton Motor Group, signed a memorandum of understanding (MOU) during the trip. According to the MOU, Foton Motor Group,…

Crypto Exchanges Embrace Controversial Practices; Weathering the financial crisis; Hurricane season John Lothian Newsletter,Newsletter

First Read US marks 9/11 with somber tributes, new monument to victims AP Americans are commemorating 9/11 with somber tributes, volunteer projects and a new monument to victims, after a year when two attacks demonstrated the enduring threat of terrorism in the nation’s biggest city. /jlne.ws/2x1TFLJ ***** The fire department by my house has a moving display of American Flags and signs documenting the various key events of the 9/11 day from 17 years ago. We shall not forget.~JJL ++++ Hits & Takes JLN Staff Today we have a report from JLN on CMT, reported by contributing editor Chuck Mackey….

Under The Crypto Hood With CMT Digital Feature,Video,video

You can trade cryptocurrencies on a screen but that doesn’t mean they have a ton in common with traditional assets. John Lothian News Contributing Editor Chuck Mackie sat down with three members of CMT Digital to discuss the challenges posed by digital assets. Colleen Sullivan, CMT Digital’s CEO, talks about the missing infrastructure needed to bring cryptocurrency into the mainstream market. Rob Walker, CMT CTO, discusses market fragmentation and the accelerated pace at which crypto is evolving. Finally, Brad Koeppen, head of cryptocurrency trading at CMT, talks about adapting to cryptocurrencies’ sprawling ecosystem. Produced by Mike Forrester  Interview Conducted by…

The Chicago Ecosystem For Crypto Assets And Blockchain Technology – Colleen Sullivan, CMT Digital MarketsWiki Education,Video,video

“In order to have a healthy ecosystem for a new industry you really need four components. One is government involvement/regulatory clarity, two is academic institution involvement, three is trade associations and other advocacy groups and the fourth is the involvement of the startup community and mature institutions.”  The state of Illinois has been involved early and often in the cryptocurrency space. In this MarketsWiki Education video, Colleen Sullivan, CEO of CMT Digital, talks about what differentiates Chicago from other cities when it comes to digital assets.   Produced by Mike Forrester    

A Couple of Takes on the Voice of Blockchain Conference Feature

A few folks from JLN attended the Voice of Blockchain Conference at Navy Pier this past Friday and Saturday. Here are some observations from two of them: Sarah Rudolph: The Voice of Blockchain event at Navy Pier was big – at least, the room where it was held was enormous, with the microphones on each stage just loud enough to drown out the echo from the microphones on the other stages. There was perhaps an overabundance of stages and topics from which to choose, but there were some interesting speakers as well as startup companies with vendor booths. Denny Chared…

Report from the International Blockchain Congress Blockchain,Feature

The second International Blockchain Congress (IBC) took place on Friday at the Aon Center in Chicago. Topics ranged from crypto trading to smart contracts to the regulations surrounding ICOs. While the Congress was run much more efficiently than the first version, which fell hours behind schedule, this iteration saw much less in the way of attendance and speakers from outside the U.S.  That said, a couple of speakers from Asia shed interesting light on cryptocurrency markets that those in the West rarely see or understand. Highlights from IBC included: Panel: Crypto Trading 2018 Somewhat surprisingly, the Crypto Trading panel actually…